Beta Williamson County, TX only — data and coverage are limited during early access.

516 GRAY HAWK RDG, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,304 sqftBuilt 2021

Property at a Glance

This home is estimated between $141,859 and $397,806, with a best estimate of $286,641. That places the property below the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602, in a neighborhood that declined 8.3% over the past year.

Estimated Value Range

$141,859 $397,806
Best Estimate
$286,641
WCAD Value
$382,850
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L121521G - SUMMELYN PULTE & CENTEX R4'S, this home's estimated market value is between $141,859 and $397,806. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

512 GRAY HAWK RDG, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
5 bed 3 bath 1,482 sqft Built 2021
Raw Value $409,541
Adjusted Value $355,239

Adjusted -$54,302 for 178 sqft less living space. Net adjustment: -$54,302.

520 GRAY HAWK RDG, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,690 sqft Built 2021
Raw Value $311,309
Adjusted Value $193,554

Adjusted -$117,755 for 386 sqft less living space. Net adjustment: -$117,755.

508 GRAY HAWK RDG, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 1,723 sqft Built 2021
Raw Value $414,464
Adjusted Value $286,641

Adjusted -$127,823 for 419 sqft less living space. Net adjustment: -$127,823.

524 GRAY HAWK RDG, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
5 bed 3 bath 1,521 sqft Built 2021
Raw Value $464,005
Adjusted Value $397,806

Adjusted -$66,199 for 217 sqft less living space. Net adjustment: -$66,199.

809 MOURNING DOVE LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,901 sqft Built 2021
Raw Value $323,983
Adjusted Value $141,859

Adjusted -$182,124 for 597 sqft less living space. Net adjustment: -$182,124.

The Neighborhood

This home is valued 12.7% above the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602. With 449 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.

L121521G - SUMMELYN PULTE & CENTEX R4'S

typical
449 Properties
$339,602 Median Value
-8.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$382,850
Median
$339,602

This home is +12.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,224 across all districts. With a homestead exemption claimed, that drops to $6,608 — saving $1,616 per year. That's $551 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,161
Liberty HillCity0.4694%$1,797
Williamson CountyCounty0.3694%$1,414
Austin Community Collegespecial0.1034%$396
Williamson County ESD #4 - Liberty HillESD0.0745%$285
Williamson County FM/RdCounty0.0443%$170
Summerlyn West PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T17)other0.0000%$0
Total Annual Tax2.1480%$8,224

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $286,641 would pay approximately $1,789 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

View full property details